Saturday, November 23, 2013

The 3 Credit Bureaus and Your Privacy

Control Who Sells Your Information: Read the Fine Print
Equifax, with TransUnion, and Experian (mentioned below) make up the Big 3 Bureaus
A few weeks back Financial Plus Federal Credit Union held a seminar here at the Grand Blanc branch outlining steps to protect your identity and what to do if it is stolen. It was an informative program and one bit of information I learned really bothered me, not only because demographic information like spending habits, age, and likely income was being sold, but that it is the very organizations that help us fight ID theft which offer it for sale.

Thursday, November 21, 2013

Managing the Finances of Others


 While managing one's personal finances is a significant responsibility, many Americans find themselves responsible for the financial decisions of others. Whether it's an aging parent who needs financial guidance or a friend who is sick or injured, it's no easy task. Thankfully, the Consumer Finance Protection Bureau has recently published a set of documents to help those who are helping others with their finances.